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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (16017)4/8/2011 8:28:47 AM
From: carranza2  Read Replies (1) | Respond to of 119362
 
You were up late.

Gold seems to have surpassed the 1440-1450 barrier. It seemed as insurmountable as the 1100 barrier was in early 2010.

My thinking on QE3 has changed a bit.

The biz about 'transitory' inflation, coupled with the clear message that rates will be kept low for the foreseeable future means that QE in some form or fashion will continue. But how? Given the political problems with announcing a formal, defined QE program, how does BB slither around the politics of it all?

Here is how:

An ad hoc QE program, in which purchases will be made on as-needed basis, with perhaps some substantial time or amount limitation.

BB has to be very concerned that easing off QE will kill off the nascent recovery, murder housing, etc., thus making things very difficult for O!'s re-election...and his own continued tenure.



To: patron_anejo_por_favor who wrote (16017)4/8/2011 9:20:26 AM
From: yard_man  Read Replies (1) | Respond to of 119362
 
well, if we are starting the supercycle up in gold and mining, I will have to reallocate, but you know what will happen the moment I do <g>



To: patron_anejo_por_favor who wrote (16017)4/8/2011 9:35:12 AM
From: yard_man  Respond to of 119362
 
a couple more days and the calvary will be behind you with it's full force ... no more complaining, k? <g>